Economic gloom overshadows euro finance ministers meeting
Eurozone finance ministers meet Monday against the backdrop of a weak economy and increased political uncertainty after inconclusive polls in Italy, the group's third largest economy.
04 March 2013
Air China to buy 31 Boeing planes
Air China signed an agreement Friday to buy 31 Boeing passenger and cargo planes from Boeing, subject to government approval.
02 March 2013
Judge slashes $1 bn Samsung-Apple penalty in half
A judge on Friday cut $450 million from a $1 billion award to be paid by Samsung in a landmark patent lawsuit from Apple, saying a jury had wrongly calculated the damages.
02 March 2013
$85 billion austerity hit lines up US economy
An $85 billion dollar austerity time bomb was to detonate against the US economy Friday, as President Barack Obama blamed a Republican refusal to compromise for a failure to avert "dumb" spending cuts.
Asian markets mostly down, weak China data
Asian markets were mostly lower on Friday as traders took a breather after healthy gains in the previous session while Chinese data showed growth in manufacturing activity had slowed.
01 March 2013
Shymkent faces construction boom
Kazakhstan's southern city of Shymkent will become a major metropolis in 4 years: chief architect of South-Kazakhstan oblast Ashirbayev.
01 March 2013
TENGRI LIFE
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Royal Bank of Scotland posts 2012 net loss of £5.971 billion State-rescued Royal Bank of Scotland said Thursday that net losses almost tripled to £5.97 billion in 2012, when it was hit by compensation payouts, Libor rate-rigging fines and a vast accounting charge.
28 February 2013
Sony sells Tokyo office building for $1.2 bn Sony said Thursday it has sold one of its main buildings in Tokyo for $1.2 billion as the embattled Japanese electronics giant offloads assets to help repair its tattered balance sheet.
28 February 2013
Astana to get high-speed buses This will allow us to transport a good number of passengers and improve organization of road traffic in general: Astana Mayor.
28 February 2013
Australian government pension fund dumps tobacco The Australian government's pension fund for public servants Thursday announced it would sell off its Aus$222 (US$228) million holdings in tobacco companies following the nation's move towards plain packaging.
US drug firm Mylan to buy Indian firm for $1.6 bn US generic drugs specialist Mylan said Thursday it would buy a unit of India's pharma firm Strides Arcolab for $1.6 billion, boosting its presence in the high-growth injectable drugs market.
US lawsuit claims 'King of Beers' is watered down The makers of Budweiser faced accusations on Tuesday of watering down the popular American lager in search of higher profits, in a class action lawsuit flatly rejected by the brewery.